ArmInfo.The impressive inflow of foreign currency into the Armenian market, which exceeded last year's level by several times, became one of the reasons for the  revaluation of the dram. Armen Nurbekyan, Head of Macroeconomic  Directorate at Central Bank of Armenia, stated this during a press  conference on June 14.

ArmInfo. In Armenia, a significant increase in exports and financial inflows also contribute to the revaluation of the dram in the foreign exchange market, and  the latter, according to the Central Bank, will have a positive  impact on the weakening of the domestic inflationary environment in  the near future. Head of the Central Bank of the Republic of Armenia  Martin Galstyan announced this on June 14 during a press conference.

ArmInfo.A safer, more secure and private way to pay with iPhone and Apple Watch

ArmInfo.

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ArmInfo. In Armenia, the amount  of the fine for the lack of an CMTPL policy will be halved   (compulsory third-party liability insurance policy-CMTPL policy). At  the plenary session on June 14, the Parliament of the country  discusses the amendments to the Code of Administrative Offenses in  the first reading.

ArmInfo. The housing renovation loan program in Armenia will be available in June this year. Program Manager at Central Bank of Armenia Davit Kirakosyan announced this  during a press conference on June 14.

ArmInfo. The Central Bank of Armenia and this time left the refinancing rate unchanged - at the level of 9.25%. As the press service of the Central Bank of Armenia  told ArmInfo, this decision was made on June 14 at a meeting of the  Board of the Central Bank of Armenia.

ArmInfo.The gross international reserves of Armenia decreased in January-May 2022 by 2.4% or by $78.7 million, amounting to $3.151 billion, according to the data of the  Central Bank of the Republic of Armenia.

ArmInfo.According to the results of the first quarter of this year, the debt of the Armenian government amounted to 4.3 trillion drams or $8.9 billion, of which  $2.7 billion is internal debt, and $6.2 billion is external debt.  Minister of Finance of the Republic of Armenia Tigran Khachatryan  stated this during the meeting of the NA Standing Committee on  Financial-Credit and Budgetary Affairs.

ArmInfo.Deputy Prime Minister of Armenia Mher Grigoryan, with the participation of head of the EU mission in Armenia, Ms. Andrea Wiktorin, held discussions in of  programs implemented within the framework of the EU economic and  investment plan the government.  

ArmInfo. The net inflow of transfers from individuals accelerated the y-o-y growth in  January-April 2022, jumping to 94% from 80% a year earlier, exceeding  $394.3 million, which was greatly facilitated by the multiple  increase in remittances from Russia, while a year ago, in the same  period, the driving force of growth was remittances from the United  States. This is evidenced by the data of the Central Bank of the  Republic of Armenia.

ArmInfo. Armenia and Lithuania have a high potential for cooperation in the field of IT. Ambassador Extraordinary and Plenipotentiary of Lithuania to the Republic of  Armenia Inga Stanyte-Tolockiene stated this during a meeting with  Minister of High-Tech Industry Robert Khachatryan. In particular, she  attached importance to the deepening of the Armenian-Lithuanian  cooperation in the field of ICT within the framework of the EU  partnership.

ArmInfo. RA Prime Minister Nikol Pashinyan, who is in Doha on an official visit, received Mansoor Al-Mahmoud, CEO of the Qatar Investment Authority in his residence.  

ArmInfo.Converse Bank and Cityzen Children's City of Professions announce the beginning of their new partnership in which the Bank undertakes the difficult and responsible task of providing Z currency and other banking services to children attending Cityzen.

ArmInfo.The inflationary environment in Armenia will continue.  On June 13, Chairman of the Central Bank of Armenia Martin Galstyan expressed a similar opinion  during the meeting of the NA Standing Committee on Financial-Credit  and Budgetary Affairs.

ArmInfo. Tatevik Revazyan left the post of head of the Civil Aviation Committee (CAC). Revazyan herself announced this on her Facebook page.

ArmInfo. After the renovation the capacity of the Upper Lars checkpoint will increase 6.4-fold - 2,500 to 3,000 vehicles, Armenia's Minister of Economy Vahan Kerobyan  following his meeting with his Russian counterpart Maxim Reshetnikov. 

ArmInfo.

ArmInfo.